Rockingdeals Pvt. Ltd. stores will open in Barnala, Moga, Morinda, Panipat, Abohar, and Bannur over the next 12 months, with two openings in the next three months
New Delhi: Re-commerce platform Rockingdeals Pvt. Ltd. (RDPL) will open six mega stores in Punjab with a total investment of Rs. 10 crores.
These franchise stores will open in Barnala, Moga, Morinda, Panipat, Abohar, and Bannur over the next 12 months, with two openings in the next three months.
“We are thrilled to announce that we are opening six mega stores in Punjab. We have had good development in Haryana, Uttarakhand, Delhi, and Bihar and continue our expansion across the country. We see great potential in Punjab,” said Yuvraj Aman Preet, Promoter and Managing Director of RDPL.
RDPL currently operates nine stores signed under the franchise model till now, of which six were launched in Haridwar-Uttarakhand, Bahadurgarh-Delhi, Najafgarh-Delhi, Patna-Bihar, Bhabua-Bihar, and Jamshedpur-Jharkhand. Gaurishankar-Punjab, Purnia-Bihar, and Ghat Shila-Jharkhand will be opened in this financial year.
“Our foray into Punjab will bolster our nationwide presence, and we have achieved a significant milestone today by deciding to open six mega stores under the high investment model,” added Preet.
“We aim to tap into major markets in smaller towns and cities through our offline market strategy. The opening of these stores will eliminate third-party involvement and directly connect with customers through our offline presence.”
RDPL has multi-brand retail stores all over India. It buys 100% of inventory from Rockingdeals Circular Economy, a B2B sourcing company that specializes in unboxed, excess inventory, and refurbished products across 18 categories. The platform gets its products from brands such as Samsung, Thomson, MI, LG, symphony, Zara, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, among others.
